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    1625 Alpine Ave Grand Rapids, MI 49504

    Sponsored
    For Lease
    $13 SF/Yr ($1,386 /Mo)

    1,280 SF, 1.35-Acre Site

    Lot size:
    1,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,280-square-foot retail property, situated on a sizable 1.35-acre lot in Grand Rapids, Michigan, presents a unique investment or redevelopment opportunity. Currently vacant, the single-tenant building is zoned commercial and offers significant potential for a variety of uses. Its prime location in Kent County, near Bridge Street, Leonard Street, and downtown Grand Rapids, ensures high visibility and accessibility. The property's address is 1625 Alpine Avenue NW, Grand Rapids, MI 49504, with APN 41-13-14-280-059. The expansive lot size allows for flexibility in development plans, making it ideal for restaurants, service businesses, or complete redevelopment projects. The property's previous tenants included Twisters Ice Cream & Chase Bank

    Property Features for 1625 Alpine Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,280 SF
    Total Rate
    1386.67

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,280 SF
    Rate per SF
    $13

    HighLights

    • 1,280 SF retail building on a 1.35‑acre lot in Grand Rapids, MI.
    • Currently vacant, commercially zoned, offering redevelopment potential.
    • Prime location near Bridge Street, Leonard Street, and downtown Grand Rapids.
    • Address: 1625 Alpine Avenue NW, Grand Rapids, MI 49504 (APN 41‑13‑14‑280‑059).
    • Suitable for restaurants, service businesses, or redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chase ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6888109
    Latitude
    42.9932865

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    FAQs

    What type of property is this?
    Retail property - 1,280 SF, 1.35-Acre Site
    Where is this retail property located?
    The property is located at 1625 Alpine Ave Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 1,280 SF retail building on a 1.35-acre lot in Grand Rapids, MI.; Currently vacant, commercially zoned, offering redevelopment potential.; Prime location near Bridge Street, Leonard Street, and downtown Grand Rapids.
    Request Owner's contact information
    1625 Alpine Ave Grand Rapids, MI 49504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1625 Alpine Ave Grand Rapids, MI 49504
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